Arweave (AR) Hits 1-Day Trading Volume of $26.54 Million

Arweave (AR) traded down 5.7% against the US dollar during the 1 day period ending at 7:00 AM Eastern on February 25th. In the last week, Arweave has traded 15.5% lower against the US dollar. Arweave has a total market capitalization of $113,248,108.85 trillion and approximately $26.54 million worth of Arweave was traded on exchanges in the last 24 hours. One Arweave coin can now be purchased for $1.73 or 0.00002639 BTC on exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 4% against the dollar and now trades at $65,423.14 or 1.00000000 BTC.
• Bitcoin Cash (BCH) traded 2% higher against the dollar and now trades at $487.42 or 0.00744917 BTC.
• Bitcoin SV (BSV) traded 8.2% higher against the dollar and now trades at $16.07 or 0.00024561 BTC.
• eCash (XEC) traded up 3.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded up 4.5% against the dollar and now trades at $0.0111 or 0.00000017 BTC.

Arweave Profile

AR is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was July 13th, 2018. Arweave’s total supply is 65,652,466 coins and its circulating supply is 9,223,372,036,854,775,807 coins. Arweave’s official Twitter account is @arweaveeco and its Facebook page is accessible here. The Reddit community for Arweave is https://reddit.com/r/arweave and the currency’s Github account can be viewed here. The official website for Arweave is www.arweave.org. Arweave’s official message board is medium.com/@arweave.

According to CryptoCompare, “Arweave (AR) is a decentralized storage network that provides permanent, immutable data storage. Founded in 2018 by Sam Williams and William Jones, the platform uses a modified version of blockchain, the “blockweave,” for everlasting data storage. Its key offering is the guarantee that data such as documents, apps, and valuable information will be preserved indefinitely, an invaluable feature for applications requiring data immutability and permanence. The AR token, Arweave’s native cryptocurrency, is an integral part of the network, enabling users to pay for storage and bandwidth, stake in consensus mechanisms, vote on network upgrades, tip content creators, and transact in the Arweave marketplace. This innovative data storage solution presents a sustainable, tamper-proof, and genuinely permanent data preservation alternative to traditional cloud services.”

Arweave Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Arweave directly using U.S. dollars. Investors seeking to acquire Arweave should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Arweave using one of the aforementioned exchanges.

AR/USD price chart by TradingView